• Ibiza Fire Could Be Worst in Balearic Islands’ History

    The forest fire that has swept over the municipality of Sant Joan de Labritja since Wednesday and has, according to Defence Minister, Carme Chacón, burned an area of 1,500 hectares, could become the most serious in the history of the …

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  • Zapatero Backs Rubalcaba as Successor to Lead PSOE

    The First Deputy Prime Minister, Alfredo Pérez Rubalcaba accepted the candidacy at the weekend for leadership of the PSOE and to head the party in the next general election due to take place in March 2012. Prime Minister, José Luis …

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  • Draghi Warns Further Rates Increases Likely

    The future president of the European Central Bank (ECB), Italy’s Mario Draghi, said on Friday that euro zone countries should expect, in the long term, further rises in interest rates and rising inflationary pressures. In an economic conference in Berlin …

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  • Spain Dominates UK Tourism Figures

    Results from the Experian travel quarterly review have highlighted Spain’s continuing dominance as the United Kingdom’s most sought after holiday destination. Spain increased its lead in the rankings by growing from just over 15% of all flight searches in the …

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  • Spain: 603 of the Best Beaches and Marinas in the World

    Spain has won 603 ‘blue flags’ in 2011 (511 for beaches and 92 for marinas), maintaining their lead over the 36 countries participating in the Northern Hemisphere, which means that one of every six flags of the total 3554 awarded, …

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  • European Parliament Rejects Freezing EU Budget until 2020

    The European Parliament has refused to freeze the EU budget until 2020 in line with the cuts approved in the majority of member states facing the crisis, like United Kingdom, Germany and France. Instead, the Parliament calls for an increase …

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  • France’s Lagarde Confirms Candidacy to Head IMF

    At a press conference yesterday, French Economy Minister Christine Lagarde confirmed her candidacy to replace Dominique Strauss-Kahn as Head of the International Monetary Fund. Lagarde has widely been viewed as top choice for the position, thanks to the support she …

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  • The Cost of Taking a Spanish Driving Test

    If you live in La Coruna and want to take your driving test you are in luck. Your wallet will not suffer as much as if you try in Gerona. Obtaining a driving licence in Spain is not cheap. According …

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  • G-14 Says Spanish Property Sales Will Bottom Out in 2011

    Property group G-14 (a Spanish business group consisting of 13 major Spanish construction companies), warns that the real estate sector in Spain will continue on its downward trend in the short-term with housing sales falling 8.3% in 2011 compared to …

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  • Volcanic Ash Cloud Could Reach Spain by Thursday

    The Icelandic authorities ordered the closure of Keflavik International Airport on Sunday, as a precautionary measure following the eruption of the Grímsvötn volcano, which also forced the closure of other airport facilities as the day progressed. The massive glacier, located …

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  • Zapatero Suffers Defeat in Regional Elections

    In regional elections held in Spain on Sunday the PP recorded an historic victory over Zapatero’s PSOE, putting pressure on the Spanish Prime Minister to bring forward the general election which is scheduled to take place in March 2012. The …

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  • Spain Boosts Online Tourism

    The Ministry of Industry, Tourism and Trade has allocated €8 million to promote its Web presence and boost tourism, using the latest technology, which includes a new channel on YouTube and an iPad application. The budget for the ‘online’ strategy, …

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  • Merkel Calls for EU Harmonisation on Retirement and Holidays

    German Chancellor Angela Merkel, launched a controversial proposal last week to harmonise the holiday entitlement and retirement age in the various European Union countries, especially in those countries where the debt crisis has hit hardest. However, according to figures produced …

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  • Dominique Strauss-Kahn Resigns as IMF Chief

    Dominique Strauss-Kahn has resigned as chief of the International Monetary Fund (IMF) in a statement distributed to reporters yesterday. Strauss-Kahn sent a formal letter to the Council which said: “Ladies and Gentlemen of the Board: It is with infinite sadness …

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  • Italian Draghi Chosen as New Head of the ECB

    Euro zone finance ministers have proposed that Italian Central Bank President, Mario Draghi, replace Jean-Claude Trichet as President of the European Central Bank (ECB), reported Euro Group Chairman Jean-Claude Juncker. Juncker said that “Mario Draghi will be the new president …

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